Quotes with Resistance & Support
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Intraday calls for 22-12-09

Posted on: December 22nd, 2009 at 9:17 am

Markets likely to see a positive opening. Support for nifty is at 4920 and resistance at 5000.

Buy Nava Bharat Ventures Ltd at 398.75, target: 411. Stoploss: 393.
Buy Genesys International Corporation Ltd at 200.40, target: 211. Stoploss: 195

Trade in small quantities considering market weakness.

10.40am – buy GLODYNE TECHNOSERVE LTD at 445.50, target: 456. sl 438 – (book profits at 458)

1.42pm – intraday cum btst – buy Clutch auto at 48, target: 50-51. stoploss: 46.80 – (Intraday traders book profits at 49.40)

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704 Responses

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  1. Divya Says:
    December 22nd, 2009
    Posted at: 12:19 pm

    hey cb, shorted tata steel at 565... whats ur advice..


  2. CB Says:
    December 22nd, 2009
    Posted at: 12:19 pm

    Hi maddy, as of now hold them.. should see some upmove.


  3. Ghost Says:
    December 22nd, 2009
    Posted at: 12:20 pm

    cb wats ur opinion about glenmark n 3i info.
    note nallas comments


  4. Arasu Says:
    December 22nd, 2009
    Posted at: 12:20 pm

    CB, what to do with bank nifty short @ 8695... 2 lots.. is 8670 possible today... pls advice.. or shd i exit...


  5. CB Says:
    December 22nd, 2009
    Posted at: 12:20 pm

    Hi AR, yes, its consolidating as of now.hold it for short term

    Hi Divya, hold it..can see 565 again. keep sl aat 576


  6. Nalla Says:
    December 22nd, 2009
    Posted at: 12:20 pm

    Hai ghost
    will b 92/- then 99/- delevery trgt


  7. Atanu Jana Says:
    December 22nd, 2009
    Posted at: 12:20 pm

    HI CB

    Can I buy 500PE now at CMP


  8. varun soni Says:
    December 22nd, 2009
    Posted at: 12:21 pm

    cb please recomeend some good stocks that we shud add once the market goes down on futures expiry


  9. AR Says:
    December 22nd, 2009
    Posted at: 12:22 pm

    Wat will be its short term target???????????????


  10. tarun Says:
    December 22nd, 2009
    Posted at: 12:22 pm

    Hi CB, Can i buy Nifty @ 4985 ?
    Thanks


  11. CB Says:
    December 22nd, 2009
    Posted at: 12:23 pm

    Hi Ghost, glenmark will do well if it manages to close above 280. not sure of 3i

    Hi Arasu, hold it..markets are seeing some selling pressure on rise

    Hi Atanu Jana, lets wait till european markets open

    Hi varun soni, on dips add hcl tech, sbi and punj lloyd.


  12. Souvik Says:
    December 22nd, 2009
    Posted at: 12:24 pm

    Hi, CB
    There is no ovement for Genesys International. Will I hold it or exit?


  13. Shanthi Says:
    December 22nd, 2009
    Posted at: 12:25 pm

    CB Sir, why Wipro goes down ?


  14. maddy Says:
    December 22nd, 2009
    Posted at: 12:25 pm

    Cb, can we buy 5000 put @ 70


  15. ankurpalan Says:
    December 22nd, 2009
    Posted at: 12:25 pm

    hey CB can u please guide me about Matrix labs


  16. nvaradhann Says:
    December 22nd, 2009
    Posted at: 12:26 pm

    Hi Cb Good Afternoon, Stuck up in andhra Bank 100@Rs 120/- and shri Laksmi 150@ Rs108- Is there any chance of their moving up?

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